In the developed world, average life expectancy is increasing. What problems will this cause for individuals and society? Suggest some measures that could be taken to reduce the impact of ageing populations.

There is no doubt that

l

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the

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ongevity of human has been improved these days since the medical field is developing.

However

, due to

this

,

a

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the

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geing population may cause financial strain to the economy of their native country.

This

can be effectively controlled by increasing retirement

age

. On the one hand, the elderly generation’s care requirements need a huge amount of nations’ capital. By allocating

such

a big

chunck

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chunk

money prevents the authority to channelize the fund to the development of other

much needed

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much-needed

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areas.

For instance

,

upgradation

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up-gradation

of

e

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the

an

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ducational system to meet the latest requirement of work sectors may not be possible as they do not have sufficient finance for

this

. Eventually, the youth, the taxpayers, are forced to contribute their earnings to look after the older population.

This

can

resulting

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result

be resulting

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in poor growth of the country in a long run.

Nevertheless

,

this

problem can be controlled if the

age

of retirement is increased. In

other word

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another word

other words

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, By doing

this

, more older people would work and their

expertize

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expertise

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can be utilized,

Similarly

, they can

also

contribute to the economy by paying their taxes and they could, even, save some money for their

oldage

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old age

old-age

care.

As a result

,

this

would give a huge relief to the

youngsters

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youngster's

youngsters'

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taxes. Apart from

this

, other areas can be flourished because they have been funded significantly.

For example

, in the

uk

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UK

, currently,

h

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a

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ealthy adult can work

upto

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up to

65 years old, some times,even after that

age

, if his or her health permits. In conclusion, the older generation can cause some difficulties

to

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in

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the economy of

develpoed

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developed

countries, which can be resolved by allowing them to work even in their later

age

.